BLOCK Financial News

Brookfield's offer for sale (OFS) of units in its telecom tower InvIT Data Infrastructure Trust was subscribed only 82.44% on Wednesday, against a base size of ₹2,824 crore, showed BSE data. The infrastructure investment trust (InvIT) mainly comprises telecom towers with Reliance Jio as the anchor tenant. Against the 182.2 million units on offer, representing a 7% stake, the OFS received bids for 150.2 million units.

Aleph, Pillar VC, Fabric Ventures, Mensch Capital Partners and angel investors joined the round for the startup, founded by Israel Defence Forces veterans.The company has also launched SphereX Protect, a security solution for smart contracts. SphereX claims that billions of dollars have been lost via exploited smart contracts, many of which had been previously audited and monitored by third party security firms.

Blocking Qatar Airways from adding flights will cost the economy more than $500 million a year in tourism revenue, according to industry modelling, but Transport Minister Catherine King told parliament the decision was made to protect local jobs.

GST Council’s decision to ensure that 28% GST is paid on the full value of amounts deposited by players for betting on online games, casinos and horse races, three people familiar with the development said. The cabinet clearance to the bill enables the government to place amendments to Central GST laws in Parliament in the ongoing session, which is on till Friday. This is required to enable even state governments and two Union territories with Assemblies to clear amendments to SGST law in time for the new taxation to be enforced from 1 October.

Yoichi Isagi, a young striker chosen for the controversial Blue Lock project aiming to develop the world's finest egotistical striker. Among 300 aspiring players, Isagi competes for the coveted position. The story is set in a world where Japan has never won the FIFA World Cup, and the Japan Football Association believes Blue Lock holds the key to victory. Led by Ego Jinpachi, a former player, the project seeks a more self-centered and aggressive striker for the national team. Isagi, inherently selfless, must grapple with his own weaknesses within Blue Lock's rigorous training, learning to prioritize his own needs to fulfill his ambition of becoming the ultimate striker. The release of Blue Lock chapter 229 is planned for Wednesday, August 16, at 12:00 am JST. The manga will continue without interruption, ensuring that the upcoming chapter is delivered as per the schedule. Fans can enjoy it by accessing Kodansha's Weekly Shōnen Magazine through physical or digital copies. In the preceding chapter, Shoei Barou found himself challenged by Yoichi Isagi and Michael Kaiser. With his path obstructed by the two Bastard Munchen players, Barou made a daring decision to attempt a shot. This move involved Snuffy and Noa, with Snuffy blocking Noa's path to the ball. As a result, the shot found its way directly into the goal, equalizing the score at 2-2.

Department of Telecommunications (DoT) has screened more than 11.4 million active mobile phone connections, of which 6 million have been found to be fraudulent. While the department has already disconnected 5 million such connections, work is going on to block the remaining connections, as the government doubles down on checking cybercrimes and catching criminals.

Civil rights groups asked a federal judge to stop Florida officials from enforcing a section of a new state immigration law that criminalizes transporting someone who has entered the United States unlawfully

Hip-hop was born in the Bronx, rising from the ashes of a borough ablaze with poverty, urban decay and gang violence

The downturn in world trade, exemplified by slumping Chinese exports and a decline in U.S. imports, mainly reflects a phase of weak global economic growth. It also raises questions about whether deeper changes are under way, with decades of deepening global economic integration giving way to a new era in which the West and China do more business with their political friends and less with each other.

Central Goods and Services Tax Act to pave the way for implementation of the 28% GST on online gaming, casinos, and horse racing, people familiar with the developments told ET. The government has a limited window to get the bill passed in both houses of parliament due to the ongoing discussion on the no-confidence motion in the Lok Sabha. States will separately need to amend their respective state GST Acts for the new regime to roll out from October 1.

The Bitcoin price (BTC) is rallying to retarget $30,000, but analysts are tipping exciting new Ethereum-based Bitcoin alternative BTC20 for explosive upside when it lists on Thursday 10th. 

National Highway (NHW) has been temporarily blocked owing to a landslide occurrence at T2 Marog Ramban. As reported by ANI citing Jammu and Kashmir Traffic Police, “Jammu-Srinagar NHW is blocked due landslide at T2 Marog Ramban.

Meta Platforms' decision to block news on its platforms in the country, accusing the Facebook parent of abusing its dominant position. Meta started blocking news on its Facebook and Instagram platforms for all users in Canada last week in response to a law requiring internet giants to pay for news articles.

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Inox WindPromoters Inox Wind Energy and Devansh Trademart have sold 4.5% and 2.8% stake each in Inox Wind through block deals at a weighted average price of Rs 208 a piece.360 One WamForeign investor General Atlantic Singapore has nearly sold its entire stake in 360 one Wam through the block deals.Bikaji FoodsLighthouse India fund has sold its partial stake in Bikaji Foods via block deals. Prominent domestic funds Tata AIA Life, ICICI Pru Life and foreign investors Morgan Stanley, Kotak Mahindra AMC (Singapore) among others bought the stake in the company.Read more: What changed the market while you were sleepingCoal IndiaState-owned Coal India's consolidated net profit fell 10% year-on-year to Rs 7,941 crore for the June quarter.

Bank of India has circulated a list of bad loans with a total outstanding of Rs 15,000 crore to be considered for sale during the current financial year to asset reconstruction companies and other entities. The lender looks to enhance profitability from its legacy non-performing asset (NPA) accounts. The debt on sale has increased multifold compared with the previous year when the lender had showcased Rs 3,000 crore, a bank source said.

maritime space and eyeing the same India is focusing on a larger role in Indo-Pacific. The recent developments in the region are hinting that India is seeking a big-brother role in the Indo-Pacific region, especially for countries affected by China's expansionist policies.

Major crypto companies reported strong earnings last quarter as swelling crypto asset prices drove up profits across the industry.

Simon & Schuster has been sold to the private equity firm KKR, months after a federal judge blocked its purchase by rival publisher Penguin Random House because of concerns that competition would shrink the book market

By Martin Coulter

Magellan Financial Group is set to report its annual results next week, giving investors the opportunity to dig into its embattled funds management business. But plenty of scrutiny will be on its most off-piste investment: Barrenjoey Capital Partners.